ALB
September 26, 2023 | AAPL, ADBE, ALB, AMAT, EUM, GOLD, LAC, Morning Briefing, MSFT, NVDA, PILBF, RWM, SCCO, Short Term, Special Reports, UUP, Volatility |
So what do you do with your portfolio for the rest of 2023? And what’s your best strategy to be prepared for 2024? In Part 1 of this Special Report I laid out the 10 developments that I thought would drive the financial markets for the rest of 223 and into 2024. Today, in Part 2, I’m going to give you the first 2 of 10 moves to take–with as much detail and as many specifics as possible–that you should be making now to position your portfolio for the uncertainties of the last quarter of 2023.
June 23, 2023 | ALB, Daily JAM, LAC, Mid Term, Millennial, PILBF, Top 50 Stocks |
Spot lithium carbonate prices (for battery-grade lithium) in China are up 92% from a 19-month low in April. So now what?
June 14, 2023 | ADBE, ALB, AMAT, CMI, Daily JAM, Dividend Income, GOOG, JCI, Jubak Picks, Long Term, MSFT, NVDA, SCCO, Top 50 Stocks |
I think a well-constructed portfolio should resemble an onion. (Yes, to continue the analogy, it may make you cry in the short term, but the end result after cooking time is yummy.) At the center of that onion is a core built of stocks with extremely high, risk-adjusted potential rates of return. These stocks won’t deliver the kind of huge gains you can reap from investing in a risky bet–if everything turns out right for that company and its stock. But neither are they likely to crash and burn because something goes wrong at the company. These core portfolio stocks will drop if the market as a whole heads south, but they will drop less and recover faster. These aren’t buy-and-forget, or hold-forever stocks. They can soar to unreasonable valuations at times and an active investor should take profits at some point of overvaluation. (I did a YouTube video recently (you can find it on any of my sites) on when to sell a very overvalued Nvidia, for example.) And they can trade at big discounts to fair value (which is, of course, when the steely-eyed among us will buy) because management has made a mistake or between the industry in which they do business is slumping, or because the market for the company’s goods and services has taken an unexpected direction. At that point, you’ll need to consider selling or adding to your positions depending on your analysis of how long the damage might last and how bad it is. But the point of this core to your stock portfolio is that these are companies that will deliver index-beating results with relatively small risks. Which will enable you, the investor, to plan how to achieve your financial goals with relatively less worry and uncertainty. So, without further ado, here’s my list of 10 stocks for a core portfolio–with the very important “whys” for each pick.
September 20, 2022 | ALB, Daily JAM, LICY, TSLA |
It’s time to move on from relief/enthusiasm/grudging acceptance of the $369 billion in the Inflation Reduction Act for programs designed to speed up the transition to clean energy and to de-carbonize the economy. The surprise–and in many quarters–appreciation that the United States is doing anything–and it’s a big anything–about climate change has led to big rallies in the stocks of electric vehicle charging companies and hydrogen-economy pioneers. For example, EVgo (EVGO), obviously, I think< an electric vehicle charging stock is up 48.14% in the last month as of the close on August 17. Plug Power (PLUG), one of those hydrogen economy pioneers, is up 84,15% in the last month as of the August 17 close.But I think it's time to go from the general amazement stage to an examination of what companies--and stocks--are actually going to be winners because of the Inflation Reduction Act. (And I say that not only because some of these early winners have started to show some weakness--profit taking perhaps. But also I would pay attention to these near-term trends. EVgo, for example, fell to $10.74 a share on August 17 from $12.02 on August 16. That's a 10.6% tumble.) The bill as finally passed is a masterpiece of compromises and add-ons that mean that many of the top line dollars won't wind up where recent headlines have suggested. My take?
August 25, 2022 | ALB, Daily JAM, Jubak Picks, Top 50 Stocks |
Lithium producer Albemarle (ALB) closed up 2.71% today after hitting an all-time high of $298.17 in intraday trading. The shares closed at $295.68. The gains for Albemarle, and across the lithium sector, came as Goldman Sachs upgraded lithium battery maker Freyr Battery (FREY) on projected higher demand for lithium batteries after the Inflation Reduction Act. Albemarle is a member of my Jubak Picks Portfolio where it is up 200.18% since my August 10, 2018 stock pick. The stock is also a member of my long-term 50 Stocks Portfolio where it is up 221.67% since February 17, 2017.
June 6, 2022 | ALB, Daily JAM, Jubak Picks, Top 50 Stocks |
My one-hundredth-and-forty-first YouTube video “Trend of the Week: Danger of a Lithium Drought” went up today. My Trend of the Week video looks at the effects of Chile’s 15-year drought on global lithium production and prices. In particular, I look at Chilean-based national producer SQM in comparison with Albemarle (ALB.) Albemarle has more diversified production and I think it is a better bet due to this diversity of supply, but lithium will still be a volatile area for the short term. Albemarle is a member of my Jubak Picks Portfolio (up 162% from August 10, 2018) and my long-term, 50 Stocks Portfolio (up 180% from February 17, 2017.)
May 24, 2022 | ALB, Daily JAM, Jubak Picks, Top 50 Stocks |
Lithium producer Albemarle (ALB) has been staging a very important experiment over the last few days. Here’s the question being tested: The overall market is in a serious decline–a bear or almost bear market depending on what index you track–that looks likely to go on for a while. In this environment can any individual stock deliver enough good news to buck the market trend and post gains for more than a day or two? On May 4 Albemarle raised its sales guidance for 2022 when it reported first quarter earnings. And then Monday, May 23, the company raised estimates again to a range of $5.8 billion to $6.2 billion. That was up from a previous estimated range of $5.2 billion to $5.6 billion. In total, the midpoint for the company’s estimate of 2022 revenue 38% higher than it was a month ago. And what happened to the shares?
May 17, 2022 | ALB, CHPT, Daily JAM, EVGO, Millennial, TSLA, Volatility |
New registrations for electric vehicles jumped 60% in the first quarter of 2022 from the first quarter of 2021. according to Experian Automotive. Electric vehicles made up an all-time record 4.6% of the total market. The news was even more positive given that overall new vehicle registrations were down 18% in the quarter from the first quarter of 2021.
May 17, 2022 | ALB, Daily JAM, DAL, DE, DIS, FQVLF, Long Term, MRVL, NVDA, PFE, SCCO, USB, Volatility |
In my weekend Saturday Night Quarterback I said that this week would, probably, answer the question of whether Friday’s big bounce was just a bounce, the start of a buy on the dip rally, or even a bear market rally with a bit of staying power. Two days into the week I think the market action is moving in favor of a bear market rally, one of those often quite powerful upside moves that punctuate extended bear markets.
March 8, 2022 | ALB, CHPT, COP, Daily JAM, DNNGY, EVGO, Morning Briefing, PXD |
The United States will ban imports of oil and natural gas from Russia, President Biden announced Tuesday. U.S. allies in Europe also announced action on the energy front with a plan to cut natural gas imports from Russia by two-thirds in 2022. Even though the White House has said that the long-lead time on the ban would give importers and consumers time to find other sources by the end of 2022, oil futures soared today with the price of West Texas Intermediate, the U.S. crude benchmark, climbing to $126.98 a barrel, up 6.35%, for April delivery as of 12:30 p.m. in New York. International benchmark Brent creek rose 6.52%to $131.24 a barrel for April delivery.
February 17, 2022 | ALB, AMAT, Daily JAM, Jubak Picks, Millennial, NVDA, Top 50 Stocks |
I’m starting up my videos on JubakAM.com again–this time using YouTube as a platform. My one-hundredth-and second YouTube video “Strong hands vs. hot hands” went up today. Today I’m looking at a few stocks that exemplify what most experienced traders know: some hands are steady, and some are not. So when Nvidia announced this week that it expected to see supply chain issues (despite beating earnings and raising guidance), the stock fell. Similar things happened to chip-making equipment supplier Applied Materials and Albemarle, the lithium maker. I’m taking this opportunity to add some of these stocks into my portfolios. What about you?
October 13, 2021 | ALB, CRWD, Daily JAM, FQVLF, OKTA |
If you look only at the major indexes, today was a mildly positive day. The Standard & Poor’s 500 closed up 0.30%, although the Dow Jones Industrial Average was flat. The NASDAQ Composite gained 0.73% at the close and the NASDAQ 100 added 0.77%. The small cap Russell 2000 ended ahead 0.34%. But take a look at some of the frankly outlandish gains in the market’s hottest sectors. It’s not difficult to find gains of 5% or more today
